Menu prices at your favourite restaurants and bars, already on the rise for months, could climb as much as 15 per cent moreThat’s according to
“Traffic is still down,” said James Rilett, vice-president of Central Canada for Restaurants Canada — it’s inflation that’s brought sales back to 2019 levels, not the return of customers. Inflation has driven the prices of many restaurant staples up this year, from meat to flour to canola oil — Operating below capacity can mean thousands of dollars in lost potential revenue at a crucial time, said Elliott.
Meanwhile, many Canadians continue to work from home, and that’s impacting their spending habits, the report found. They’re spending less throughout the week on snacks, drinks and meals simply because they’re not out, and this is likely to continue for the foreseeable future.
That’s according to Restaurants Canada’s annual report, Foodservice Facts, which paints a grim picture of the food service industry more than two years after COVID-19 first struck.
CALL NAZI FREELAND HOPEFULLY HER TWEAKS WILLL FIX IT.
Geez Justin tha wouldn't be because of the rise in costs of everything due to the carbon tax. And yours and Chrystia Freeland's lack of economic education would it.Just saying a fired (for what we'll never know) teacher and a journalist ruining- I MEAN running our Country?
Restaurants should introduce all-in pricing. They should join the majority of the all-in economy & treat labour like any other overhead. All-in ensures proper base salary, tax reporting, access to CPP, EI, WSIB, attraction & retention, etc...
Trudeau's a criminal. starving canadians
It’s always worse under Trudeau
I’m eating at home
Hopefully it will cull the glut of restaurants. That's all we have now, nail salons and restaurants.
Newsflash - restaurant prices have soared before this apparent soaring.
This is ridiculous. I am completely solvent, yet I can no longer even afford fast food. My family rarely eats out anymore, we used to.